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On a vast, park-like half-acre-plus property, this venerable, classic "Old Spanish" style villa—designed by Alexander Dentman and greatly expanded in 1929 by Phineas Paist—offers preserved original charm and character in perfect harmony with its recent professional updating. There is a main two-story residence and a lavish 2-bedroom, two-bath separate guest house. Both structures are fully renovated with impact windows, new bathrooms, chef's kitchen with 6 burner Viking gas range and brand-new Sub-zero refrigerator, new 37' long pool, new landscaping and more. Phineas Paist (1873–1937) was the supervising architect for the Coral Gables Corporation and is credited with shaping the aesthetic identity of Coral Gables, Florida. He was a master of the Mediterranean Revival style, often collaborating with artists like Denman Fink to create iconic public spaces and landmarks. His portfolio includes some of the most recognizable structures in South Florida, many of which are listed on the National Register of Historic Places including Villa Vizcaya, Coral Gables City Hall, Venetian Pool, The Colonnade Building, the Old United States Courthouse and Douglas Entrance. This walled and gated close to 5000 square foot home has 6 bedrooms and 4. 5 baths and is located close to The Coral Gables Country Club, Granada Golf Course, the Venetian Pool and is just a 15-minute Uber ride to Miami International Airport.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $4,796,000 | $4,796,000 | $4,796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $5,719 | $5,719 | $5,719 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $28,754 | $29,530 | $40,471 |
| Total Monthly Payment | $34,598 | $35,374 | $46,315 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.